Current Affairs Today

We are here for you to provide the important Recent and Latest Current Affairs June 4 2026, which have unique updates of Latest Current Affairs 2026 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

India issues Letter of Request to France for Rs 3.25 lakh crore to Acquire 114 Rafale Jet  
In June 2026, Government of India (GoI) issued a Letter of Request (LoR) to Government of France for a government-to-government deal worth around Rs.3.25 lakh crore for the acquisition of 114 Rafale fighter jets for the Indian Air Force (IAF).

• Under the proposed deal, Out of the 114 Rafale jets, around 94 aircraft are proposed to be manufactured in India by French manufacturer Dassault Aviation in partnership with an Indian company.

Key Details of Agreement:
Letter of Request (LoR): LoR is a formal govt-to-govt document used to initiate a defence procurement, under the United States (US) Foreign Military Sales (FMS) program or similar international agreements.

• The first Rafale-M jets are expected in 2028

Objective: India’s Multi-Role Fighter Aircraft (MRFA) programme aims to procure 114 fighter jets to address the IAF capability gap, as its squadron strength has declined to 29 squadrons against the sanctioned requirement of 42.5 squadrons.

Union Minister Jyotiraditya Scindia and Assam CM Himanta Biswa Sarma Launches ‘Mission Senehjori’ for Muga Silk 
In June 2026, Union Minister Jyotiraditya M. Scindia, Ministry of Development of North Eastern Region (MDoNER), along with Dr. Himanta Biswa Sarma, Chief Minister(CM), Assam, launched ‘Mission Senehjori’, Assam Muga Silk Unique Selling Proposition (USP), a cluster-based initiative aimed at transforming Assam’s distinctive Muga silk sector into a globally competitive, high-value luxury textile ecosystem.

• Mission Senehjori (2026–2028) is a three-year cluster programme with a total investment of Rs 396–411 Crore, including Rs.136–151 Crore from MDoNER, aimed at positioning Assam’s Muga silk as a premium global textile brand.

About Mission Senehjori:
Objective: Mission Senehjori aims to create a premium, traceable, export-oriented Muga silk economy by enforcing GI authentication and digital traceability for over 80% of traded Muga silk, targeting 2,000 kilogram( kg) annual exports under the unified brand identity ‘Senehjori’.
Led by: The Mission, led by MDoNER in collaboration with Assam Government, Central Silk Board, Ministry of Textiles (MoT), and other Central Ministries/ organizations.
Coverage: The Mission Senehjori targets Assam’s core traditional Muga silk belts, focusing on eight key areas: Jorhat, Sivasagar, Lakhimpur, Dhemaji, Dibrugarh, Tinsukia, Majuli, and Sualkuchi.

MoE Launches ‘PMRC Scheme 2026’ to Attract Global Indian Talent 
In June 2026, the Department of Higher Education (DoHE) under the Ministry of Education (MoE), officially launched the Prime Minister Research Chair (PMRC) Scheme 2026 and opened applications for the programme.

• The scheme is  a flagship initiative of the Government of India (GoI) that  aims to bring accomplished Indian-origin researchers, scientists, technologists and professionals from around the world into India’s research and innovation ecosystem.

Key Details of PMRC Scheme 2026: 
Priority Areas: The scheme outlines 13 priority sectors that include:

•  Artificial Intelligence (AI), quantum computing, semiconductors, energy and climate change, cybersecurity, healthcare and medical technology, biotechnology, advanced materials, space and defence, next-generation communications, manufacturing, agriculture and food technologies, blue economy, and atomic energy.

Core Pillars: The initiative is designed around three main  pillars i.e. Lead Institutions, Host Institutions and PMRC Fellows.
Selection Process: As per MoE, participating institutions and fellows will be selected through a rigorous process monitored by an Empowered Committee chaired by Professor Ajay Kumar Sood Principal Scientific Advisor (PSA) to the Government of India (GoI).
Institutions Designated as Lead Institutions: The MoE has designated  7 premier institutions as Lead Institutions, to facilitate implementation across various thematic areas of the scheme.

Chandigarh University Becomes India’s First Private University to Establish ‘IndiaAI Data Lab’
In June 2026, Chandigarh University (CU), in Ajitgarh, Punjab, became India’s first private university to launch an IndiaAI Data Lab in partnership with Intel India, to enhance students’ employability by providing industry-relevant skills in Artificial Intelligence (AI), Data Science, and emerging technologies.

About IndiaAI Data Lab:
Objective: Provide students of computing and computer science engineering with a simulated apprenticeship platform to gain practical skills, hands-on experience, and work on real-world AI projects.
Significance: The IndiaAI Data Lab equips students with practical AI experience, bridges academia-industry skill gaps, strengthens research capabilities, and enhances career readiness through hands-on, industry-aligned projects.
Focus Areas: AI research, innovation, faculty development, hackathons, and industry-academia collaboration.
Key Programs: Master of Computer Applications (MCA), Data Science and Bachelor of Computer Applications (BCA), Data Science programs launched in collaboration with Intel India, including Intel Certifications every semester to enhance industry readiness.

BHASHINI Launched VYOMA Innovation Challenge to boost Multilingual AI Solutions 
In June 2026, the Digital India BHASHINI Division (DIBD) which works  under the  Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY), launched the VYOMA Innovation Challenge, a innovative initiative  designed to  promote the development of open-source, multilingual and voice-first Artificial Intelligence (AI) solutions that can operate in offline and low-connectivity environments.

• The new digital initiative has been launched in  partnership with Current AI and Kalpa Impact.

Key Details of Challenge:
Structured on Sunno Sutra: The challenge has been designed around  Sunno Sutra, a multilingual, voice-first, open-source handheld AI reference device jointly developed by BHASHINI and Current AI and unveiled at the IndiaAI Impact Summit 2026.

• The device provides conversational AI services across Indian languages without relying on cloud infrastructure.

Key Focus Areas: Participants will develop multi-lingual AI solutions in education, healthcare, agriculture, governance, and public service delivery.
Selection Process: The challenge will be held in stages, starting with open applications. 20 shortlisted teams will receive developer kits and access to the Sunno Sutra platform, with technical mentorship from BHASHINI and Current AI experts.
Rewards: Winning teams can earn prizes up to Rs. 80 lakh and may get opportunities to deploy solutions with central and state government departments.

BANKING & FINANCE

India Emerges As World’s 5th Most Digitalised Economy: SIDE 2026 Report
In May 2026,the ICRIER (Indian Council for Research on International Economic Relations)-Prosus Centre for Internet and Digital Economy (IPCIDE) released the report “State of India’s Digital Economy (SIDE) 2026”, in which it ranked India as the world’s fifth most digitalised economy.
Key Highlights
SIDE Report: This report is an annual publication from 2023 to assess and evaluate India’s digital and AI (Artificial Intelligence) progress in comparison with other countries using a more comprehensive framework called CHIPS.
CHIPS Index: The report also ranked India fourth globally in the Connect, Harness, Innovate, Protect and Sustain (CHIPS) index for artificial intelligence (AI), behind only the United States of America (USA), China and Singapore.
Ranking: India’s rank rose from 8th in 2025, in a sample of 32 countries to 5th in 2026 in a larger sample of 71 countries.

• Internet users in India increased by 8.8%, compared with an average growth rate of 2.1% among the other nine countries in the top 10.

Global AI Users: India accounts for 19.9% of global AI users and it possesses the second largest concentration of AI talent in the world.

BharatPe launches BharatPe Flex, a Credit-on-UPI solution powered by YES BANK 
In June 2026, BharatPe, a leading financial services and Unified Payments Interface (UPI) payments company in India, launched “BharatPe Flex”, a Credit-on-UPI solution powered by YES Bank Limited,  enabling  eligible customers to make daily UPI payments using a pre-approved credit line.

• In addition, BharatPe has also launched a new brand film for BharatPe Flex built around the proposition “Pay now. Settle later”, highlighting the rising preference among consumers to  pay through UPI.

Key Features of BharatPe Flex:
Access to Interest-free Credit: The new product will allow the eligible users to settle their dues within an interest-free period of up to 45 days.
Payments Across Existing UPI Flows: Through BharatPe Flex, users can pay across existing UPI payments flows, including Quick Response (QR) code payments at shops, online transactions, bill payments, mobile recharges, and other daily spends.
Flexibility in Payments: The new product offers an option to users to repay in full or convert expenses into Equated Monthly Instalments (EMIs).
Digital Onboarding Process: Interested users can activate the product and complete their Know Your Customer (KYC) fully digitally.

India’s UPI Enabled for Payments in Cambodia via KHQR Network
In June 2026, NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), partnered with ACLEDA Bank Plc. (Association of Cambodian Local Economic Development Agencies Bank) to enable Unified Payments Interface (UPI) acceptance via Cambodia’s national KHQR (Khmer Quick Response) code system, which operates under the Bakong digital payment system.

• The first phase of this India–Cambodia cross-border QR payment linkage was inaugurated in Phnom Penh, Cambodia, attended by H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia (NBC), along with senior officials from the Reserve Bank of India (RBI).

About UPI Cross-Border QR Payment System:
Objective: The initiative aims to enable real-time interoperable digital payments, boost transaction efficiency, reduce cash dependence, promote tourism and trade, and enhance financial inclusion for merchants and consumers in India and Cambodia.
Payment: Travellers can use UPI apps issued by Indian banks and payment service providers to scan KHQR codes displayed by Cambodian merchants and make instant payments.
Implementation: Indian users can now make QR payments via UPI apps at over 4.5 million KHQR-enabled merchants in Cambodia, while Cambodian users will soon pay at millions of UPI QR-enabled merchants in India, establishing a two-way interoperable cross-border payment system.
Acceptance Network: UPI acceptance is currently available in Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, United Arab Emirates(UAE), Qatar and Cambodia.

ECONOMY & BUSINESS

Microsoft Unveils AI-Designed ‘Majorana 2’ Quantum Chip
In June 2026, Microsoft Corporation, the global technology company, revealed its Majorana 2, a second-generation topological quantum computing chip developed with the support of its agentic AI (Artificial Intelligence) platform, Microsoft Discovery, aiming to overcome long-standing engineering challenges in quantum computing, succeeding the 2025 Majorana 1 processor, during Microsoft Build 2026.

• It plans to develop commercially useful quantum systems by 2029.

About Majorana 2:
Material: Microsoft’s Majorana 2 chip uses lead-based materials, unlike Google and IBM’s aluminum designs, to better shield qubits from environmental and cosmic interference.
Performance: The quantum chip achieves 1,000-fold higher qubit reliability, with qubits holding states for ~20 seconds (up to 1 minute), operating at microsecond speeds within a compact 0.01 mm (millimeter) qubit size.
Prototype: It currently contains 12 topological qubits as a small-scale prototype for scalable systems.
Other Launches: Microsoft also launched Scout, an AI-powered Microsoft 365 assistant that autonomously manages schedules, emails, and meetings.

AWARDS & RECOGNITIONS

APCNF Won 2026 Food Planet Prize from Sweden’s Curt Bergfors Foundation 
In June 2026, Andhra Pradesh Community Managed Natural  Farming (APCNF), an initiative of Andhra Pradesh (AP) Government, won the 2026 Food Planet Prize, one of the world’s largest environmental awards focused on transforming food systems, for its work in promoting farming practices that reduce dependence on synthetic inputs and support climate-resilient agriculture.

• The award was presented by the Curt Bergfors Foundation in Båstad, Sweden.

About Food Planet Prize 2026:
Selection Process: APCNF was selected from a pool of over 1,000 nominations received from various countries and was among four finalists selected from a longlist of 35 initiatives across 19 countries and six continents.
Prize: APNCF as winner of Food Planet Prize for year received a monetary of prize USD 1.5 million, while each of the other 3 finalists: Conscious Kitchen (the United States of America, USA); NoPalm Ingredients (The Netherlands); and the Savana Institute (the USA), received USD 150,000.
About APCNF:It is one of the world’s largest community-driven initiatives promoting agroecology and natural farming, launched in 2016 by Rythu Sadhikara Samstha (RySS) under the Agriculture Department of the AP government

• Currently, APCNF’s methods are being adopted over 20 Indian states, as well as in Sri Lanka, Indonesia and Zambia.

APPOINTMENTS & RESIGNATIONS

Bangladesh’s FM Rahman Elected as 81st President of UNGA
In June 2026, Khalilur Rahman, Foreign Minister (FM) of Bangladesh, was elected the President of the 81st session of United Nations General Assembly (UNGA), for a one-year term, after defeating Andreas Kakouris, Special Envoy of Cyprus’s FM for Multilateralism, in a closely contested vote held at the UN Headquarters in New York, the United States of America(USA).

• He will succeed Annalena Charlotte Alma Baerbock, former FM of Germany, whose tenure ends in September 2026.

About Khalilur Rahman:
Diplomatic Career: He has over four decades of diplomatic and multilateral experience. He started his career as diplomat by joining Bangladesh’s foreign service in 1979.
Key Role: He has been serving as FM of Bangladesh  since February 2026, previously served as National Security Adviser (NSA) and High Representative on the Rohingya Issue to the Bangladesh Government.
Previous Role in UN: In 1991, he joined the UN Secretariat as a Special Adviser at the United Nations Conference on Trade and Development (UNCTAD) in Geneva, Switzerland.

• Later, for next 25 years, he continued to serve in a series of senior positions in New York and Geneva(Switzerland), including chief of the programme for Least Developed Countries (LDCs) at the UN Secretariat, chair of the UN system in interagency group on non-tariff barriers to global trade.

ACC Appoints Lokhande Prashant Sitaram as Chairperson of CBSE 
In June 2026, the Appointments Committee of the Cabinet (ACC), headed by Prime Minister (PM) Narendra Modi, approved the appointment of Prashant Sitaram Lokhande, Additional Secretary in the Ministry of Home Affairs(MHA), as the Chairperson of the Central Board of Secondary Education (CBSE).

• He succeeds Rahul Singh, who has been transferred to the Department of Agriculture and Farmers Welfare(DoAFW), Ministry of  Agriculture and Farmers Welfare(MoAFW), as Additional Secretary.

Key Details of Appointment:
Other Appointment: The ACC also appointed Varun Bhardwaj, Director in the Department of Higher Education, Ministry of Education(MoE) as CBSE Secretary, succeeding Himanshu Gupta.
OSM System: The appointments come amid a controversy over CBSE’s On-Screen Marking (OSM) for Class 12 exams 2026, involving scanned answer sheets and alleged irregularities in private contracts.

SCIENCE & TECHNOLOGY

DRDO, IAF Successfully Tests Indigenous RudraM-II Air-to-Surface Missile in Chandipur, Odisha
In June 2026, the Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) successfully conducted flight-tests of the ‘RudraM-II Air-to-Surface Missile(ASM)’ from an airborne platform.

• The RudraM-II missile successfully hit a predefined target under extreme release conditions, validating all subsystems, as confirmed by flight data from the Integrated Test Range (ITR), Chandipur, Odisha.

About RudraM-II ASM:
Capabilities:  It is an indigenous air-launched missile for Suppression/Destruction of Enemy Air Defences (SEAD/DEAD) missions, carrying a 200 kilogram(kg) warhead.

• It achieves speeds up to Mach 5.5 and a range of 300 kilometer(km), doubling the reach of RudraM-I (150 km).

Launch:  The missile may be deployed from Sukhoi Su-30MKI fighter aircraft at altitudes of 3–15 km, allowing the IAF to engage enemy radar and air-defence installations with precision.
Development & Collaboration:  The missile was indigenously developed by the Research Centre Imarat (RCI), Hyderabad(Telangana), serving as the nodal DRDO laboratory for the project. Several other DRDO laboratories contributed.
Key Force Multiplier: The RudraM-II air-to-surface missile will enhance precision-strike capabilities and is set to replace the older Russian-origin Kh-31 missiles in service.

SPORTS

Asian U20 Athletics Championships 2026: India Finished 2nd with 19 Medals Including 10 Golds 
The Asian U20 (Under 20) Athletics Championships 2026 was held at Kai Tak Youth Sports Ground, in Hong Kong, China, from May 28-31, 2026, where India finished second with 19 medals: 10 gold, 5 silver, and 4 bronze, across 45 events.

• China led the medal tally with 25 medals (14 Gold, 9 Silver, 2 Bronze), followed by Japan in third with 18 medals (5 Gold, 5 Silver, 8 Bronze).

About Asian U20 Athletics Championships 2026:
Edition: 2026 marks the 22nd edition of the Asian U20 Athletics Championships featuring 45 events, 22 men, 22 women, and 1 mixed.
Organizer: The Asian U20 Athletics Championships, organized by the Asian Athletics Association (AAA), formerly called the Asian Junior Athletics Championships.
India’s Gold: Indian gold medalists included Nitin Gupta (Men’s 5000-meter (m) Race Walk), Amanat Kamboj (Women’s Discus Throw), Rahul Jakhar (Decathlon), Pooja Singh (Women’s High Jump), Nikhil Chandrashekhar (Men’s 3000m Steeplechase), Shahnawaz Khan (Men’s Long Jump), Basant (Men’s High Jump), Muskan (Women’s 5000m), Mogali Venkatram (Men’s 800m), and the Women’s 4x400m Relay Team (Bhumika, Tahura, Sehnoor, Neeru).

IMPORTANT DAYS

World Bicycle Day 2026 – June 3 
The United Nations (UN’s) World Bicycle Day is observed annually on June 3 to promote the bicycle as an affordable, healthy, and environmentally sustainable mode of transport that supports the Sustainable Development Goals (SDGs). 

• 2026 Theme: “Cycling for a Greener Future“

Background:
Origin:  The idea for World Bicycle Day was initiated by Polish-American social scientist Leszek J. Sibilski, who launched a global campaign advocating for a UN-designated day to recognize the significance of bicycles.
Adoption:  On April 12, 2018, the UN General Assembly (UNGA) adopted Resolution A/RES/72/272, sponsored by Turkmenistan, co-sponsored by 56 countries, and supported by all 193 member states, declaring June 3 as World Bicycle Day.
Inauguration:  The first World Bicycle Day was celebrated globally on June 3, 2018.
Global Support: Since 2016, the World Cycling Alliance (WCA) and the European Cyclists’ Federation (ECF) have supported the UNGA resolution that officially designated the annual observance.
2026 Event in India: On the occasion of World Bicycle Day 2026, ‘Sundays on Cycle’ events will be organized across the country on May 7, 2026, dedicated to promoting cycling and awareness of sustainable transport.

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